Trump is absolutely crushing China and Russia without firing a shot. 10% of the Chinese indexes in one day. Russia’s lifeblood oil, which funded all the Ukrainian invasion, gone.
It’s going to be a turbulent month, but summer is going to bring a lot of growth.
Russian economy is pretty much divorced from the price of oil for about 5 years. Oil and gas make top US exports indeed. Nobody buys American cars abroad at this point.